Stanley Black & Decker, Inc. $SWK Stock Holdings Lessened by Harbor Capital Advisors Inc.

Harbor Capital Advisors Inc. lessened its holdings in shares of Stanley Black & Decker, Inc. (NYSE:SWK) by 55.2% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 10,115 shares of the industrial products company’s stock after selling 12,449 shares during the period. Harbor Capital Advisors Inc.’s holdings in Stanley Black & Decker were worth $752,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of SWK. Princeton Global Asset Management LLC acquired a new position in Stanley Black & Decker in the second quarter valued at approximately $25,000. 1248 Management LLC bought a new stake in shares of Stanley Black & Decker in the 1st quarter worth approximately $26,000. Chapman Financial Group LLC acquired a new position in Stanley Black & Decker during the 2nd quarter valued at approximately $26,000. CYBER HORNET ETFs LLC acquired a new stake in Stanley Black & Decker in the second quarter worth $28,000. Finally, Hanson & Doremus Investment Management bought a new stake in Stanley Black & Decker in the third quarter valued at $30,000. Institutional investors own 87.77% of the company’s stock.

Stanley Black & Decker Price Performance

NYSE SWK opened at $75.40 on Friday. Stanley Black & Decker, Inc. has a 12 month low of $53.91 and a 12 month high of $91.06. The firm has a market capitalization of $11.68 billion, a PE ratio of 26.09, a P/E/G ratio of 2.14 and a beta of 1.20. The company’s 50 day simple moving average is $70.33 and its 200 day simple moving average is $71.29. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.11 and a quick ratio of 0.35.

Stanley Black & Decker (NYSE:SWK) last issued its quarterly earnings results on Thursday, June 30th. The industrial products company reported $2.85 earnings per share (EPS) for the quarter. Stanley Black & Decker had a return on equity of 8.10% and a net margin of 2.89%.The firm had revenue of $3.72 billion during the quarter. As a group, equities research analysts forecast that Stanley Black & Decker, Inc. will post 5.16 EPS for the current fiscal year.

Stanley Black & Decker Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 16th. Shareholders of record on Monday, December 1st were given a $0.83 dividend. The ex-dividend date was Monday, December 1st. This represents a $3.32 annualized dividend and a yield of 4.4%. Stanley Black & Decker’s payout ratio is 114.88%.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on SWK shares. Morgan Stanley set a $88.00 price target on shares of Stanley Black & Decker in a research report on Monday, December 22nd. Wall Street Zen cut shares of Stanley Black & Decker from a “buy” rating to a “hold” rating in a research report on Sunday, October 19th. UBS Group lifted their price target on Stanley Black & Decker from $100.00 to $105.00 and gave the company a “buy” rating in a report on Thursday, November 6th. Robert W. Baird increased their price objective on Stanley Black & Decker from $75.00 to $85.00 and gave the stock a “neutral” rating in a report on Tuesday, December 23rd. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Stanley Black & Decker in a research note on Wednesday, October 8th. Five analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $87.33.

Stanley Black & Decker Profile

Stanley Black & Decker, Inc (NYSE:SWK) is a leading global manufacturer of industrial tools, engineered fastening systems, and security products. The company’s portfolio includes power tools, hand tools, accessories, and storage solutions marketed under well-known brands such as DEWALT, Stanley, Craftsman and Black & Decker. In addition to its core tools and hardware offerings, the company provides customized assembly and installation systems for the automotive, electronics and aerospace industries.

Operations are organized across three principal business segments.